Announced details
Steel and ironmaking processes, metal smelting, mining processes, and carbon-neutral solutions
Successfully reduced approximately 15 kg of iron ore
No relationship has been established with a counterparty; the company plans to explore potential partners going forward.
Bench-scale demonstration processing approximately 15 kg of iron ore
The impact of this matter on the company’s financial results is immaterial.
The company does not address Contract Value / Offering price.
World Steel Association, “Climate change and the production of iron and steel – 2025”; Ministry of Economy, Trade and Industry, “Transition Finance”: Draft update to the technology roadmap for the steel sector (February 2026)
| Item | Details |
|---|---|
| Names of Products / Services Covered | Standard bench-scale unit for microwave-assisted metal smelting and mining processes, Green Mining-MXTM, and iron ore reduction technology |
| Relationship with the Company | No relationship has been established with a counterparty; the company plans to explore potential partners going forward. |
| Applicable area | Steel and ironmaking processes, metal smelting, mining processes, and carbon-neutral solutions |
| Location scale | Bench-scale demonstration processing approximately 15 kg of iron ore |
| Quantitative Effects | Successfully reduced approximately 15 kg of iron ore |
| Impact on Business Performance | The impact of this matter on the company’s financial results is immaterial. |
| Source | World Steel Association, “Climate change and the production of iron and steel – 2025”; Ministry of Economy, Trade and Industry, “Transition Finance”: Draft update to the technology roadmap for the steel sector (February 2026) |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Microwaves can heat the target material directly, and iron ore readily absorbs microwaves, creating the potential to reduce energy consumption and CO₂ emissions. The technology is also intended to contribute to achieving carbon neutrality in the steel industry.